Londinia Opportunities Analyses - 10/06/2022 (GMT) DIGITALBITS - XDGB/USDT - 1H
| Type: | Cryptocurrencies |
| Ticker: | XDGBUSDT |
| ISIN: |
- Cryptocurrencies
- Timeframe : 1H
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
78%
11%
My opinion
Bearish under 0.002791 USDT
My targets
0.002612 USDT (-3.94%)
0.002512 USDT (-7.61%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on DIGITALBITS - XDGB/USDT as long as the price remains well below 0.002791 USDT. The sellers' bearish objective is set at 0.002612 USDT. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.002512 USDT. In case of crossing, the next objective would be the support located at 0.002383 USDT. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
Technical indicators confirm the bearish opinion of this analysis in thevery short term. However, be careful of excessive bearish movements. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to small rebounds in the opposite direction.
Force
0
10
8.2
Analysis too old. There are no more charts available.
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Additional analysis
Quotes
The DIGITALBITS - XDGB/USDT price is 0.002719 USDT. On the day, this instrument lost -5.46% and was between 0.002702 USDT and 0.002969 USDT. This implies that the price is at +0.63% from its lowest and at -8.42% from its highest.0.002702
0.002969
0.002719
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this DIGITALBITS - XDGB/USDT chart shows a sharp bearish trend. 92.86% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:
Bearish trend reversal : Moving Average 100
Type : Bearish
Timeframe : 1 hour
In fact, 14 technical indicators on 18 studied are currently positioned bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : 1 hour
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : 1 hour
Pivot points : price is under support 1
Type : Neutral
Timeframe : 1 hour
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of this bullish pattern in Japanese candlesticks:
Bullish harami
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.002383 | 0.002512 | 0.002612 | 0.002719 | 0.002791 | 0.002912 | 0.003055 |
| Change (%) | -12.36% | -7.61% | -3.94% | - | +2.65% | +7.10% | +12.36% |
| Change | -0.000336 | -0.000207 | -0.000107 | - | +0.000072 | +0.000193 | +0.000336 |
| Level | Minor | Minor | Minor | - | Major | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.002494 | 0.002643 | 0.002759 | 0.002908 | 0.003024 | 0.003173 | 0.003289 |
| Camarilla | 0.002803 | 0.002827 | 0.002852 | 0.002876 | 0.002900 | 0.002925 | 0.002949 |
| Woodie | 0.002479 | 0.002635 | 0.002744 | 0.002900 | 0.003009 | 0.003165 | 0.003274 |
| Fibonacci | 0.002643 | 0.002744 | 0.002806 | 0.002908 | 0.003009 | 0.003071 | 0.003173 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.001470 | 0.001920 | 0.002300 | 0.002750 | 0.003130 | 0.003580 | 0.003960 |
| Camarilla | 0.002452 | 0.002528 | 0.002604 | 0.002680 | 0.002756 | 0.002832 | 0.002908 |
| Woodie | 0.001435 | 0.001903 | 0.002265 | 0.002733 | 0.003095 | 0.003563 | 0.003925 |
| Fibonacci | 0.001920 | 0.002237 | 0.002433 | 0.002750 | 0.003067 | 0.003263 | 0.003580 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.006270 | -0.001950 | 0.000333 | 0.004653 | 0.006936 | 0.011256 | 0.013539 |
| Camarilla | 0.000800 | 0.001406 | 0.002011 | 0.002616 | 0.003221 | 0.003827 | 0.004432 |
| Woodie | -0.007289 | -0.002459 | -0.000686 | 0.004144 | 0.005918 | 0.010747 | 0.012521 |
| Fibonacci | -0.001950 | 0.000572 | 0.002131 | 0.004653 | 0.007175 | 0.008734 | 0.011256 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 33.81 | |
| MACD (12,26,9): | -0.0001 | |
| Directional Movement: | -11.360969 | |
| AROON (14): | -64.285715 | |
| DEMA (21): | 0.002763 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.002914 | |
| Elder Ray (13): | -0.000072 | |
| Super Trend (3,10): | 0.002902 | |
| Zig ZAG (10): | 0.002731 | |
| VORTEX (21): | 0.8969 | |
| Stochastique (14,3,5): | 7.49 | |
| TEMA (21): | 0.002746 | |
| Williams %R (14): | -96.63 | |
| Chande Momentum Oscillator (20): | -0.000247 | |
| Repulse (5,40,3): | -2.9993 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1849 | |
| Courbe Coppock: | 7.20 |
| MA7: | 0.002825 | |
| MA20: | 0.003016 | |
| MA50: | 0.005955 | |
| MA100: | 0.020118 | |
| MAexp7: | 0.002760 | |
| MAexp20: | 0.002827 | |
| MAexp50: | 0.002900 | |
| MAexp100: | 0.002905 | |
| Price / MA7: | -3.75% | |
| Price / MA20: | -9.85% | |
| Price / MA50: | -54.34% | |
| Price / MA100: | -86.48% | |
| Price / MAexp7: | -1.49% | |
| Price / MAexp20: | -3.82% | |
| Price / MAexp50: | -6.24% | |
| Price / MAexp100: | -6.40% |
Quotes :
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Real time data
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Cryptocompare